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The appropriate discount rate for the following cash flows is 8 percent compounded quarterly. Year Cash Flow 1 $900 2 500 3 0 4 1,000

The appropriate discount rate for the following cash flows is 8 percent compounded quarterly. Year Cash Flow 1 $900 2 500 3 0 4 1,000 What is the present value of the cash flows? rev: 10_22_2020_QC_CS-237378 Multiple Choice $1,986.65 $1,946.92 $1,997.03 $665.99 $2,026.38

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